The Gray Circle Limited - Abbreviated accounts 16.3
The Gray Circle Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| Abbreviated unaudited accounts for the year ended 31 July 2016 |
| For |
| The Gray Circle Limited |
| The Gray Circle Limited (Registered number: 05458059) |
| Contents of the abbreviated accounts |
| for the year ended 31 July 2016 |
| Page |
| Company information | 1 |
| Abbreviated balance sheet | 2 |
| Notes to the abbreviated accounts | 4 |
| The Gray Circle Limited |
| Company information |
| for the year ended 31 July 2016 |
| Director: |
| Registered office: |
| Business address: |
| Registered number: |
| Accountants: |
| The Gray Circle Limited (Registered number: 05458059) |
| Abbreviated balance sheet |
| 31 July 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Intangible assets | 2 |
| Tangible assets | 3 |
| Current assets |
| Debtors |
| Cash at bank |
| Creditors |
| Amounts falling due within one year |
| Net current (liabilities)/assets | ( |
) |
| Total assets less current liabilities |
| Creditors |
| Amounts falling due after more than one year |
| Net liabilities | ( |
) | ( |
) |
| Capital and reserves |
| Called up share capital | 4 |
| Profit and loss account | ( |
) | ( |
) |
| Shareholders' funds | ( |
) | ( |
) |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| The Gray Circle Limited (Registered number: 05458059) |
| Abbreviated balance sheet - continued |
| 31 July 2016 |
| The financial statements were approved by the director on |
| The Gray Circle Limited (Registered number: 05458059) |
| Notes to the abbreviated accounts |
| for the year ended 31 July 2016 |
| 1. | Accounting policies |
| Going concern |
| The financial statements have been prepared on a going concern basis on the grounds that the current |
| and future sources of funding and support will be more than adequate for the company's needs. |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance |
| with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
| Exemption from preparing a cash flow statement |
| Exemption has been taken from preparing a cash flow statement on the grounds that the company |
| qualifies as a small company. |
| Turnover |
| Turnover represents the net invoiced value of services rendered, excluding value added tax. |
| Goodwill |
| Tangible fixed assets |
| Plant and machinery | - |
| Computer equipment | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
| the balance sheet date. |
| 2. | Intangible fixed assets |
| Total |
| £ |
| Cost |
| At 1 August 2015 |
| and 31 July 2016 |
| Amortisation |
| At 1 August 2015 |
| Amortisation for year |
| At 31 July 2016 |
| Net book value |
| At 31 July 2016 |
| At 31 July 2015 |
| The Gray Circle Limited (Registered number: 05458059) |
| Notes to the abbreviated accounts - continued |
| for the year ended 31 July 2016 |
| 3. | Tangible fixed assets |
| Total |
| £ |
| Cost |
| At 1 August 2015 |
| Additions |
| At 31 July 2016 |
| Depreciation |
| At 1 August 2015 |
| Charge for year |
| At 31 July 2016 |
| Net book value |
| At 31 July 2016 |
| At 31 July 2015 |
| 4. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary A | £1 |